Female Founders Breaking Boundaries

When Should You Consider Working With A CFO With Hannah Smolinski

August 24, 2021 Casey Gromer Episode 19
Female Founders Breaking Boundaries
When Should You Consider Working With A CFO With Hannah Smolinski
Show Notes

When you first start your business, you may only have basic financial needs, but as your business grows and gains new levels of complexity, you have the opportunity to bring in different levels of financial support. That’s why episode 19 of Female Founders Breaking Boundaries is about when you should consider working with a CFO! 

Have you ever felt like your customers and your team just don't get what it is you're trying to do with your business? Download your free Company Persona Template that we use with clients to get them started with bringing everyone on to the same page. It’s designed to get you and your team thinking about your purpose, your focus and your values; and documenting them so that you can get everybody on the same page.

In this episode of Female Founders Breaking Boundaries,my guest Hannah Smolinski shares the importance of knowing what level of financial support is right for you at the current moment and actionable steps you can take right now to implement the right tools and resources or bring in the right level of help you need to help your business grow. Some of the things Hannah and I cover in this episode are:

  • As a small business, what options we may have when it comes to working with someone with a financial background. 
  • Having conversations with the financial professional you hire to understand what is included in their services and where you may need to fill in the gaps based on your needs. 
  • Knowing when it is time to graduate to bringing a CFO into your business and how they can help you make smart financial decisions.
  • Using cash flow forecasting to tie together your P&L and the movement in your balance sheet. 
  • Other tools and resources to use to better understand your finances and put a strategic plan in place. 

Having better control over your business finances starts with working with the right people who give you the space to feel open and comfortable when it comes to discussing money. 

Thanks for listening! Be sure to tune in to all the episodes to receive tons of tools, advice, resources, support, and encouragement that resonates with the modern businesswoman and to hear even more about the points outlined above.

Learn more about Female Founders Breaking Boundaries and Casey at https://she-suiteboutique.com/podcast/ 









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